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Alorente replied Feb 28, 2012Active trades right now: EurUsd +7 pips GbpUsd +2 pips GbpJpy -9 pips Gold +7 pips S&P500 +2 pips From Yesterday: UsdCad -28 pips AudUsd +2 pips From Last Week: UsdChf -53 pips
Extreme TMA System
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Alorente replied Feb 28, 2012Yes. Favorite came up with this hedging strategy a couple of days ago. The only problem it has in my view is if the long is triggered and price reverses in the original direction, you will not profit from your short. It is common to have repeated ...
Extreme TMA System
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Alorente replied Feb 28, 2012Because price kept rising, making the TMA repaint higher. That is reflected in the TMA Slope indicator as well. Yesterday, we were wondering if the TMA Slope indi repainted. Now we know it does. As the TMA repaints, so does the slope indicator.
Extreme TMA System
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Alorente replied Feb 28, 2012That is an excellent point !! I am a faithful believer in divergence. This is a new spin to it but it makes sense. You have a higher price while at the same time the slope is decreasing. You may have invented something new. I will keep my eye on it ...
Extreme TMA System
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Alorente replied Feb 28, 2012I am right now using EasyRyder´s 1.2 version. I´m posting them below. They work great. I´ll be adding them to the packet.zip file during the day. I was waiting to see if he was able to make the color changes I requested, but I think I´ll add it ...
Extreme TMA System
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Alorente replied Feb 28, 2012I actually have one patient in intensive care (Recovery) right now (UsdChf). It is doing nicely and soon should move to BE allowing me to close the trade. The drawdown was over well 100 pips at one time. Now after entering another position at -100 ...
Extreme TMA System
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Alorente replied Feb 28, 2012Yes. It works. I can´t say it is as profitable but a close person to me who trades it this way says it is. I have not tested it personally.
Extreme TMA System
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Alorente replied Feb 28, 2012It is an interesting system. I am evaluating hedging on the side at the moment. It still involves timing and it is not as preplanned as Recovery. I will continue using the Recovery method, because it is simple, with clear steps involved and has ...
Extreme TMA System
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Alorente replied Feb 28, 2012I feel you´ll be ok with that strategy. I´m still in the trade also.
Extreme TMA System
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Alorente replied Feb 28, 2012Yes I´m adding that to the list, even though I don´t like S2 being so close.. On Watch: EurUsd GbpUsd GbpJpy UsdCad Gold S&P
Extreme TMA System
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Alorente replied Feb 28, 2012Potential Trade Watch — EurUsd GbpUsd GbpJpy Gold S&P
Extreme TMA System
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Alorente replied Feb 28, 2012But that way you don´t see the trend of the indicator. For me that is important.
Extreme TMA System
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Alorente replied Feb 28, 2012Yes, very important point. I have considered adding resistance levels as a rule, but I don´t want to exclude trades that are still profitable where there are no resistance levels. For now, keep constantly in your mind to give priority to trades that ...
Extreme TMA System
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Alorente replied Feb 28, 2012Good job! I should have done the same thing. Live and learn...
Extreme TMA System
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Alorente replied Feb 28, 2012Recovery is not for everyone. If it stresses you out to have a large drawdown, don´t do it. Continue with your method. A huge part of being a successful trader is being relaxed while you do it. If you are tense, not only will you make mistakes, you ...
Extreme TMA System
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Alorente replied Feb 27, 2012Carl, I have been trading this thing for almost a year, and I can tell you that having that indicator helped me quite a bit today to filter out the potentially bad trades. When you follow a total of 24 charts real time on 3 screens like I do and are ...
Extreme TMA System
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Alorente replied Feb 27, 2012Talk to all of you tomorrow. Sweet dreams everybody.
Extreme TMA System
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Alorente replied Feb 27, 2012OK. This is getting there. The values are now correct. If we could just use Cool Grey instead of White for the No Counter Trade areas and print the value in a larger font in the space to the right of the indi as I requested before, I think we will ...
Extreme TMA System